I always thought gift receipts were silly anyway. If you return the item, you'll see what the person spent on the gift card anyway.
The way a gift reciept works at most stores, when an item is returned, will give you 'sale' price in value back. So mom buys an 80$ sweater that goes on sale to 15$ Dec 26 and darling daughter doesnt like moms tastes, gets a 15$ store credit to use.
You are much better off giving the store receipt for any item you purchased as a gift to someone exchanging the item.
QUOTE]
This is NOT the case at Target. We have always gotten the price paid for the item by using the gift receipt even when the item has been clearanced out.
This weekend I confirmed with the following stores their gift reciept return policy -
Kohls
JcPenny
PacSun
Sears
and
Macys
They count on most people doing an equal exchange or not questioning the price. I put out the warning, you can disagree - I give the real reciept now. Learned this the hard way a few years back and have been on alert since. Just keep both so if you return something with the gift reciept and they dont want to credit the price paid, you have the real thing to revert too.
Again, I encourage everyone to just be aware. I only speak from my own experience. Perhaps state laws can come into play too.
I agree with everything you said but the bolded part. If you have no receipt, you will receive the lowest price the item has ever been. They will not give you MORE than what was paid for it, just because the current price is higher. So if the item was purchased at full retail price, but was on sale two weeks ago for 50% off, w/o a receipt you will receive the sale price. Otherwise people could buy stuff on sale, then return it for full price and make money.
This weekend I confirmed with the following stores their gift reciept return policy -
Kohls
JcPenny
PacSun
Sears
and
Macys
They count on most people doing an equal exchange or not questioning the price. I put out the warning, you can disagree - I give the real reciept now. Learned this the hard way a few years back and have been on alert since. Just keep both so if you return something with the gift reciept and they dont want to credit the price paid, you have the real thing to revert too.
Again, I encourage everyone to just be aware. I only speak from my own experience. Perhaps state laws can come into play too.